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Skill WAVE: Workshop for Action, Vision and Entrepreneurship - Saint Kitts and Nevis

8 July 2024|Event

ECLAC Caribbean will be hosting a series of capacity building workshops, meant to build entrepreneurship skills among target groups in each country. The workshops should provide tools necessary to enhance entrepreneurship and related business activities, with priority given to women.

Over the last decade, the Eastern Caribbean Currency Union (ECCU) has increasingly been impacted by low growth, high public sector deficits and high current account deficits. In addition, these countries have been affected by low productivity growth which has hindered their development of competitive activities. The COVID-19 pandemic has further aggravated an already difficult situation. These tourism-dependent countries have suffered immensely from a virtual shutdown of international travel; stayover arrivals to the Caribbean fell by approximately 67 per cent in 2020. There is a clear need to support economic restructuring to build overall economic resilience as well as resilience of its tourism sector if these countries are to regain lost ground in achieving key SDGs and grow out of their current indebtedness.

The Economic Commission for Latin America and the Caribbean has launched a project titled Building back better in tourism-dependent Caribbean economies post COVID-19. This project aims to identify the major impacts of the pandemic on the tourism sector and support the development of practical strategies to aid countries in their post-pandemic rebuilding efforts. In the project there will be a dedicated focus on formulating policy measures regarding building the resilience of the subregional tourism sector as well as developing productive and export capacity of new or emerging sectors capitalizing on avenues for South-South cooperation where available. Particular attention will be paid to highly vulnerable groups regarding the economic impact of COVID-19, climate change and disasters and wherever feasible, there will be a dedicated focus on the specific situations of women, children and young people, older persons, persons living with disabilities, persons living in depressed communities, migrants and refugees.

One of the two main intended outcomes of the project is the enhanced capacity of women, youth, rural dwellers and other target groups to capitalize on entrepreneurial opportunities in new capital sectors identified for economic transformation.

To this end ECLAC will be hosting a series of national workshops meant to build entrepreneurship capacity among target groups in each country. The workshops should provide capacity-building to enhance entrepreneurship and related business activities, with priority given to women. Topics covered will include but not be limited to business opportunity identification, business continuity management, financial management, supply chain management and exporting

Agenda

Day 1: Monday 8 July 2024

Time
Session detail/description
0900 – 1030 Participant registration – Ella Gaspard
1030 – 1045 Opening – Sheldon Mc Lean
   
1045 - 1345 Training session 1: My passion – Hayen Blades

 

Day 2: Tuesday 9 July 2024

Time
Session detail/description
0900 – 1030 Training session 1: What is my business idea, based on my passion? – Hayden Blades
1030 – 1200 Training session 2: How do I structure my business? – Hayden Blades
   

Lunch and closing of day 2

 

 

Day 3: Wednesday 10 July 2024

Time
Session detail/description
0900 – 1000 Training session 1: How do I compete effectively? – Hayden Blades
                          
  • Products and Service description
 
  • Sales literature
1030 – 1130
  • Sourcing and fulfillment
1130 - 1200
  • Technology
1200 - 1230
  • Future products and services

Lunch and closing of day 3

 

 

Day 4: Thursday 11 July 2024

Time
Session detail/description
0900 – 1000 Training session 1: Market analysis summary – Hayden Blades
                          
  • Market segmentation
 
  • Target market segment strategy
 
  • Market needs
1030 – 1230
  • Market trends
 
  • Market growth

Lunch and closing of day 4

 

 

Day 5: Friday 12 July 2024

Time
Session detail/description
0900 – 1000 Training session 1: Strategy and Implementation Summary – Hayden Blades
                          
  • Strategy pyramids
 
  • Value proposition
 
  • Competitive edge
1030 – 1230 Training session 2: Marketing Strategy – Hayden Blades

 

  • Positioning statements

 

  • Pricing strategy

 

  • Promotion strategy

 

  • Distribution patters

 

  • Marketing programs

 

  • Sales strategy

 

  • Sales forecast

 

  • Sales programs

 

  • Strategic alliances

 

  • Milestones
1200 – 1230 Training session 3: How do I measure the performance of my business? – Hayden Blades

Lunch and closing of day 5

 

Practical information

Day 1: Monday 8 July 2024

Time: 9am - 4:45pm

 

Day 2: Tuesday 9July 2024

Time: 9am - 12:00pm

 

Day 3: Wednesday 10July 2024

Time: 9am - 12:30pm

 

Day 4: Thursday 11July 2024

Time: 9am - 12:30pm

 

Day 5: Friday 12 July 2024

Time: 9am - 12:30pm